Xoom Introduces Bank-to-Bank ULTRA
ULTRA, a supreme level of service from Xoom, provides confirmed bank deposits in less than one hour.
Xoom introduces Bank-to-Bank ULTRA, a new higher-tiered level of service that provides confirmed bank deposits in less than one hour.
Xoom customers can deposit money in one of the selected bank services deemed Bank-to-Bank ULTRA, and that money will be available for withdrawal in less than one hour during partner bank processing hours. Customers will then receive confirmation that the transaction has been completed via email – all at no additional fees.
“While our customers can always expect great service from Xoom and our partner banks—convenient, fast deposits with guaranteed exchange rates and no added fees—we are very excited to introduce Bank-to-Bank ULTRA,” said John Kunze, President and CEO of Xoom Corporation. “Although all of Xoom’s bank deposit services are excellent, some are so fast that they feel almost magical. At Xoom, we are calling these services Bank-to-Bank ULTRA.” Kunze added that if an ULTRA deposit takes more than one hour,* the customer can request a coupon for the value of the service fee on their next transfer.
Bank-to-Bank ULTRA is available in the Philippines, United Kingdom, Mexico and several countries throughout Central and Latin America. Click Xoom’s Bank-to-Bank ULTRA to find out which countries and banks provide the ULTRA service. Also included are ‘honorable mentions’ – bank deposit services that don’t quite meet the ULTRA criteria yet, but are worth highlighting.
*Excludes transactions that are subject to additional Xoom review for risk management. Deposit times may vary. ULTRA service is available when sending money within the partner bank regular processing times.
About Xoom Coupons
Many online sites may claim to have Xoom coupons, but the truth is Xoom never publishes coupon codes on third party websites or coupon sites.
The Xoom experience is all about providing you with the easiest, most secure and time-saving way to send money home to friends and family in the Philippines, India, Latin America, Europe, Canada, South Africa and Australia.
There are many reasons Xoom does not offer coupon codes. We provide a time-saving online money transfer service with near-instant cash pickup, bank deposits in minutes or hours to many countries, our Xoom Money Back Guarantee, and Customer Service 24 hours a day, 7 days a week, 365 days a year, where you’ll be greeted by a friendly customer team team member who speaks either English or Spanish.
Keep in mind some sites may offer you “Xoom Coupons” but this is not the case. There are some commonly used terms to look out for:
“Xoom Coupons”
“Xoom.com Coupons”
“Xoom Coupon Codes”
“Xoom.com Coupon Codes”
Compare the Xoom money transfer experience to the competition. Our service is an easy, secure, and convenient way to send money to a location near your family’s home or directly to your family’s bank account–all from the privacy of your home or work computer or mobile device.
Plus, Xoom always offers competitive, locked-in exchange rates, no bank landing fees, an easy, four-step send money experience in English, Spanish, and Portuguese, and of course, our TrustE-compliant website and TrustE-certified Privacy Policy.
Each of these benefits ensures a level of service that we feel supersedes the value of a coupon. All of our policies are available for you to read in the Xoom Help Center. Although you won’t find Xoom coupon codes here, you will find many reasons to send money with Xoom. We are dedicated to serving you and providing you with the best way to send money home to friends and family!
To get started, just follow these four easy steps:
- Sign up or log in to your Xoom account.
- Select the country and amount you’d like to send and how you would your recipient to receive the money.
- Enter your recipient’s information.
- Enter your payment information and authorize.
The benefits of U.S. citizenship
When immigrants have gone through the process of becoming legal residents of the U.S., it’s quite the achievement. It takes a great deal of determination and resolve to satisfy all the requirements. Therefore, once it’s achieved, it’s understandable why so many start devoting all of their attention to finding a job so they can send money to those they love back home.
But it may be in immigrants’ best interest to take their legal residency in the U.S. an additional step by applying for citizenship.
According to immigration lawyers, there are a variety of reasons why going the extra mile for citizenship pays off. One of the biggest ones is the latitude it gives immigrants. For instance, should they want to travel or live abroad for a certain period of time, they’re perfectly free to do that as a citizen. As a legal resident, however, they’re not subject to the same standard. For instance, once legal resident immigrants return to the U.S. after travelling, they have to present a variety of documents that indicate they have a legal right to live in the country, such as by presenting their passport as well as their green card.
Another benefit of citizenship is the legal right to vote in federal and local elections. They can also run for office and be awarded grants that are only offered to U.S. citizens. Permanent residents have no such rights and can be denied from participating in elections or applying for some grants and scholarships.
While immigrants often come to the United States so they can provide for their families who still live in their home country, feelings of homesickness may lead to them to want their spouse or child to move to the U.S. As a citizen, immigrants have the ability to file a petition for their loved ones to come to the U.S. and live there permanently as legal immigrants. The process is considerably easier for citizens compared to residents.
But perhaps the best reason to become a U.S. citizen is the security it provides. As a citizen, immigrants cannot be removed or deported from the country for virtually any reason. The only way this may happen is if it’s discovered that the immigrant falsified statements and/or documents in order to obtain a green card.
These are just a few of the perks that come with U.S. citizenship. For more information on how to apply, click here.
Xoom.com Offers Fee-Free Money Transfers to the Dominican Republic to Help Victims of Hurricane “Irene”
Fee-Free Money Transfer Service to the Dominican Republic.
To help the victims of Hurricane Irene in the Dominican Republic, Xoom.com, a leading online money transfer company, announced a “Fee-Free Money Transfer” pricing initiative when sending money to the Dominican Republic from the United States.
Money transfers can be sent with no fee through August 31, 2011 by going to the Xoom.com website and entering the coupon code IRENE.
“We understand the importance of sending money to family and friends and especially now, in the Dominican Republic, where the funds are vital in offering emergency support to loved ones,” said Eugenio Nigro, Vice President of Business Development, Latin America, for Xoom.com. “The thoughts of all of Xoom.com employees go out to those affected by this disaster.”
Xoom.com pays out in Dominican Pesos and US dollars in Dominican Republic at Caribe Express and Banco BHD locations.
How to Send Money to Colombia
If you have family or friends back in Colombia and you need to send money to them, it's easier than ever with Xoom. Sending money online is fast, secure and simple to complete, and you can get set up in not time at all.
First, you'll have to decide how you wish to send money to Colombia. You can either do this via bank deposit or by cash pick-up. Bank deposit adds the money directly to your recipient's account, although you'll need their account number in order to complete this transaction. A cash pick-up allows your friend or family member to stop by one of the many bank branches or money transfer locations and receive their funds in cash.
If you choose a bank deposit with Bancolombia, the money will usually clear within 15 minutes. For all other banks, your receipient will have to wait a full business day before the funds are available to them.
Xoom has nearly 1,000 locations across Colombia for cash pick-ups. You can send money to Bancolombia, Macrofinanciera or Davivienda, and the funds will typically be available within 15 minutes.
At the moment, $1 is equal to 1783 Colombian pesos. When you use Xoom to send money online, you'll be able to see the current exchange rate and lock that price in.
How to Send Money to Peru
It's incredibly easy to send money to Peru online using Xoom international wire transfers, and in just a few clicks of the mouse, your family or friend will have the cash they need quickly.
Xoom offers two services to Peru: cash pick-up or bank deposit. With a cash pick-up, your recipient will need to head into a branch location and get the money in-person. If you plan on using Scotiabank, this happens nearly instantaneously – your cash will be available right away. Other banks, such as Banco de Credito BCP, Interbank and BBVA Banco Continental, are also supported, but they may take slightly longer.
With a bank deposit, the money will instead be credited directly to a bank account (you'll need the bank account number for this type of transaction). Your recipient will have access to their money at an ATM. Again, this is instant with Scotiabank and slightly longer with the other banks – but everything will likely be processed within 15 minutes during normal working hours.
If you plan on sending money to Peru via Xoom, you can choose between converting to nuevo soles or keeping your money in American dollars. The most you can send in this fashion is $2,999 at once. If you do plan on sending in nuevo soles, Xoom will display the exchange rate when you log on and you'll be able to lock in that rate, so you don't need to worry about market fluctuations.
Xoom at The Sinulog Festival
For the 5th straight year, Xoom has actively participated in the countrys’ oldest and most colorful festivals: The Sinulog Festival.
The Festival draws devotees and tourists from all of the Philippines and the rest of the world. This years Festival drew over three and a half million people who crowded the streets of Cebu City; the biggest attendance of the history of the Festival. The Sinulog celebrations expressed in song and dance recalls the Filipino people’s pagan past and commemorates their conversion to Christianity.
At least 143 groups – dance contingents, higantes, floats and puppetters were on the streets, compared to 133 in 2010, 112 in 2009 and 137 in 2008 and 121 in 2007.
This year’s event officially opened mid January beginning with a novena mass at the Basilica Minore del Santo Niño led by city officials, the parade included participants from schools and universities in the province. President Aquino address the gathering at the start of the Sinulog Grand Parade on January 16th.
If ever you have a chance to visit Cebu in January, the Sinulog Festival is not to be missed.
Congratulations Colombia! 200 years of independence!
¡Felicidades, Colombia, por el bicentenario de su independencia!
Xoom.com ofrece envíos de dinero sin cargo para ayudar a las víctimas en México del huracán Alex
Xoom.com permite enviar dinero a familiares, amigos y empresas desde cualquier computadora con acceso a Internet. Xoom.com Corporation se fundó en 2001 en San Francisco y cuenta con el respaldo de las siguientes compañías inversionistas líderes: Sequoia Capital, New Enterprise Associates y Fidelity Ventures. Para más información sobre el servicio de transferencia de dinero a México, visita www.xoom.com/mexico.
Xoom.com Named Best Money Transfer Company, also Ranked Highest in Customer Satisfaction
Report also reveals that remittance industry to Latin America faces increased competition
SAN FRANCISCO – June 24, 2010 – As market conditions are making it easier and less costly to send money home for immigrants in the U.S., the Inter-American Dialogue released a report showing that remittance service providers are offering a wider variety of services and are expanding into more countries. The study, A Scorecard in the Market for Money Transfers, conducted by the Inter-American Dialogue (IAD), the premier U.S. center for analyzing remittance trends and services, also found an increase in product services such as cash-to-cash and cash-to-bank account as companies seek to be more competitive.
The study released on June 18, 2010, measuring 16 indicators, ranked Xoom.com as the best company for sending money transfers to Latin America and the Caribbean, outperforming 38 other leading U.S.-based money transfer companies. Xoom.com also received the highest score for customer satisfaction.
Some of the report’s key findings include the high value consumers place on transparency and inexpensiveness when sending their remittances. “Consumers want to easily be able to see the fees they are paying and the exchange rate their loved ones will be receiving,” said Dr. Manuel Orozco, Director of the Remittances and Development Program at the IAD. “In addition, they of course want to pay the lowest fees. Surprisingly, it looks like consumers are embracing some
emerging companies that are doing a good job in these categories. In many categories these
companies are earning higher marks than some traditional industry players,” said Orozco.
Xoom.com received the highest scores in both transparency and inexpensiveness. Among the 39 companies in the study, Xoom.com is the only money transfer company that does not require an agent or branch location to send money. Customers use the Internet to enter the monetary amount and beneficiary information, select the country and pay partner, pay for the transaction using a checking account or credit card, and even track the transaction. Consumers are also able to see the fee and foreign exchange rate upfront allowing them to see the exact amount that will be received by their family members. Additionally, Xoom.com provides lower fees than traditional marketplace competitors.
Xoom.com ranked first in three of the five categories for customer satisfaction: fee transparency, foreign exchange transparency and customer value. In addition, the company tied for first in the category of least expensive and was a close first in ease of use.
“We are happy that consumers recognize and appreciate the transparency and overall value of our service,” said Eugenio Nigro, Vice-President of Business Development, Latin America. “Because we are an online company, our customers have the power to control their money transfer from start to finish and track it every step of the way,” said Nigro.
Xoom.com offers money transfer service to 17 countries in Latin America, including Mexico, El Salvador, Guatemala, Honduras, Dominican Republic, Colombia, Peru, Ecuador, Brazil and many more. The cost of sending money to Mexico is $4.99 for any amount up to $2,999, when funded by a checking account.
About Xoom.com
Xoom.com, a service of Xoom Corporation, enables individuals to send money to family and friends from any Internet-enabled computer. Xoom Corporation was founded in 2001 in San Francisco and is backed by leading venture firms Sequoia Capital, New Enterprise Associates, SVB Capital and Volition Capital. For more information on the Xoom.com money transfer service visit: www.xoom.com
About The Inter-American Dialogue
The Inter-American Dialogue is the premier U.S. center for policy analysis, communication, and exchange on Western Hemisphere affairs. Since 1982, in successive Republican and Democratic administrations and through many changes of government in Latin America and the Caribbean, the Dialogue and its 100 members from throughout the Americas have helped shape the agenda of issues and choices in hemispheric relations. The Dialogue seeks to promote informed debates on hemispheric problems, advance opportunities for regional economic and political cooperation, expand channels of communication among the countries of the Americas, and bring fresh, practical proposals for action to the attention of governments, international institutions, and private organizations.
